MassMutual Private Wealth & Trust FSB Grows Stock Position in Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM)

MassMutual Private Wealth & Trust FSB raised its holdings in shares of Schwab U.S. Mid-Cap ETF (NYSEARCA:SCHM) by 200.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,476 shares of the company’s stock after acquiring an additional 984 shares during the quarter. MassMutual Private Wealth & Trust FSB’s holdings in Schwab U.S. Mid-Cap ETF were worth $41,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHM. Fragasso Financial Advisors Inc grew its position in shares of Schwab U.S. Mid-Cap ETF by 201.2% in the fourth quarter. Fragasso Financial Advisors Inc now owns 3,345,175 shares of the company’s stock valued at $92,695,000 after purchasing an additional 2,234,519 shares during the last quarter. HighTower Advisors LLC grew its holdings in Schwab U.S. Mid-Cap ETF by 2.6% during the 3rd quarter. HighTower Advisors LLC now owns 3,258,331 shares of the company’s stock valued at $270,683,000 after buying an additional 82,365 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in Schwab U.S. Mid-Cap ETF by 33.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,282,373 shares of the company’s stock worth $177,692,000 after buying an additional 574,475 shares in the last quarter. Cerity Partners LLC raised its holdings in shares of Schwab U.S. Mid-Cap ETF by 14.6% in the third quarter. Cerity Partners LLC now owns 2,264,769 shares of the company’s stock worth $188,180,000 after acquiring an additional 287,937 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of Schwab U.S. Mid-Cap ETF by 1.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,066,258 shares of the company’s stock valued at $57,256,000 after acquiring an additional 23,876 shares in the last quarter.

Schwab U.S. Mid-Cap ETF Stock Up 0.0 %

SCHM opened at $29.20 on Friday. The firm has a market cap of $4.19 billion, a P/E ratio of 16.47 and a beta of 1.09. The business’s fifty day simple moving average is $28.73 and its 200 day simple moving average is $27.72. Schwab U.S. Mid-Cap ETF has a 52 week low of $24.54 and a 52 week high of $30.28.

Schwab U.S. Mid-Cap ETF Profile

The Schwab U.S. Mid-Cap ETF (SCHM) is an exchange-traded fund that mostly invests in mid cap equity. The fund tracks a market cap-weighted index of mid-cap stocks in the Dow Jones US Total Stock Market Index. SCHM was launched on Jan 13, 2011 and is managed by Charles Schwab.